Mkango Resources Limited Congratulates Her Excellency the State President Madam Joyce H.N Banda of the Republic of Malawi
2012年4月11日 - 10:45PM
Marketwired Canada
Mkango Resources Limited (TSX VENTURE:MKA) ("Corporation" or "Mkango")
congratulates Her Excellency the State President Madam Joyce H. N Banda on
becoming the Republic of Malawi's new State President following a peaceful,
constitutional and democratic transfer of power, following the recent passing
away of His Excellency the State President Dr Bingu wa Mutharika. We send our
sympathy and condolences to the Family of the Late State President Dr Bingu wa
Mutharika and to the Government and people of the Republic of Malawi.
Mkango pledges its full support to Her Excellency the State President Madam
Joyce H.N Banda and the Government of the Republic of Malawi. Her Excellency the
State President Madam Joyce H.N Banda gained international recognition when she
founded the Malawian National Association of Business Women, a group that
assists small-scale traders and also The Joyce Banda Foundation, a charity that
assists Malawian children and orphans through education. In 1997 Madam Joyce H.N
Banda was awarded, along with former Mozambican President Joachim Chissano, the
USA - based Hunger Project's - Africa Prize for Leadership for the Sustainable
End of Hunger.
Mkango Resources Limited continues to progress the exploration at the Songwe
Hill Rare Earth project and at the Tambani licence which as well as REE's has
potential for Zircon, Uranium, Niobium and Corundum.
Mkango Resources Ltd.
Mkango's primary business is the exploration for rare earth elements and
associated minerals in the Republic of Malawi. It holds, through its wholly
owned subsidiary Lancaster, a 100% interest in two exclusive prospecting
licenses covering a combined area of 1,751 km2 in southern Malawi. The main
exploration target is the Songwe Hill rare earth deposit, which features
carbonatite hosted rare earth mineralisation and was subject to previous
exploration in the late 1980s.
Cautionary Note Regarding Forward-Looking Statements
This news release may contain forward-looking statements relating to the
Corporation. Readers are cautioned not to place undue reliance on
forward-looking statements, as there can be no assurance that the plans,
intentions or expectations upon which they are based will occur. By their
nature, forward-looking statements involve numerous assumptions, known and
unknown risks and uncertainties, both general and specific, that contribute to
the possibility that the predictions, forecasts, projections and other
forward-looking statements will not occur, which may cause actual performance
and results in future periods to differ materially from any estimates or
projections of future performance or results expressed or implied by such
forward-looking statements. Such factors and risks include, among others, the
interpretation and actual results of current exploration activities; changes in
project parameters as plans continue to be refined; future commodity prices;
possible variations in grade or recovery rates; failure of equipment or
processes to operate as anticipated; labour disputes and other risks of the
mining industry; delays in obtaining governmental approvals or financing or in
the completion of exploration.
The forward-looking statements contained in this press release are made as of
the date of this press release. Except as required by law, the Corporation
disclaims any intention and assume no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by applicable securities law.
Additionally, the Corporation undertakes no obligation to comment on the
expectations of, or statements made, by third parties in respect of the matters
discussed above.
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